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Menswear Maker Aims to Fashion Future in L.A.

APPAREL: New York-based Sene sees market as good fit for its custom-cut garments.

A New York-based men’s custom clothing company that relies on digital technology to customize its garments is stepping into the L.A. fashion scene.

Media Veterans in eBook Publishing Venture

Barry Diller's IAC/InterActiveCorp, and theater and film producer Scott Rudin and publishing veteran Frances Coady have teamed up to create a new publishing venture, The Wrap and Publishers Weekly report.

Salem Buys Conservative Media Powerhouse

California Christian and conservative talk broadcaster Salem Communications Corp. on Monday said it has acquired the assets of conservative publisher Eagle Publishing, whose brands include Regnery Publishing, HumanEvents.com, and RedState.com, the Washington Times and Publisher's Weekly report.

Pope Benedict Says He Will Resign

Citing advanced years and infirmity, Pope Benedict XVI stunned the Roman Catholic world on Monday by saying that he would resign on Feb. 28 after less than eight years in office, the first pope to do so in six centuries, the New York Times reports.

LA Laundromats Clean Up Amid Covid

L.A. laundromat owners are taking an optimistic view, with many investing in remodels and machine upgrades. Some are even expanding their businesses.

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Old Pipe in Beverly Hills Water Main Break is Not Yet Up for Replacement

The latest in a stream of water main breaks took place on Tuesday, when a break caused flooding on Benedict Canyon Drive in Beverly Hills, closing the road until 8 p.m., ABC reports. The pipe in question was installed in 1953, and has had three leaks since 1997, but it is not yet up for replacement.

From 'For Sale' to 'For Lease'

A downturn in the real estate market and a precipitous drop in qualified buyers are prompting the conversion of downtown L.A. condominiums into rental units.

L.A. Steelcraft Products Sells to Americana Outdoor

Americana Outdoor will acquire the 100-year-old playground equipment brand L.A. Steelcraft Products Inc.

Bruce Springsteen's Selling L.A. Mansion

Interested in buying property once owned by the Boss? Now's your chance as Bruce Springsteen has quietly put his Benedict Canyon compound on the market and is asking up to $70 million, Variety reports.

Hillside Home Op-Ed Wasn’t on the Level

OPED

Nickie Miner defends neighbors’ opposition to a massive proposed home in Benedict Canyon.

West Covina Apartment Complex Sells for $74 Million

Benedict Canyon Equities, a Westside-based real estate investment company, has purchased the two-story, 259-unit, 335,000-square-foot Lafayette Parc Apartments at 600-656 S. Glendora Ave. in West Covina for $74 million, or around $286,000 per unit, from Glendora Avenue Properties, a Beverly Hills-based limited-liability company.

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El Monte Apartment Building Sells for $41M

A 177-unit apartment building in El Monte was purchased by Uhon Inc. for $40.5 million, records show. The complex, called The Parker, was sold by Benedict Canyon Equities Inc.

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Making Adjustments

Being a lawyer and sitting on the Los Angeles Board of Harbor Commissioners, Kaylynn Kim sometimes must deal with difficult situations.

Video Game Publisher Takes Aim at El Segundo

REAL ESTATE: Activision mulls move from Santa Monica to get lower taxes.

Activision Blizzard Inc., one of the world’s biggest video game publishers, is close to inking a deal to move its headquarters from Santa Monica to El Segundo.

Subdivide and Conquer

Benedict OPED: Canyon residents hope to hold up proposed estate home by misusing L.A. city code on single lots.

Benjamin M. Reznik rips the city of L.A. for its job-killing new rule that’ll make it tough to build large homes.

How a Bank Fell Victim to Fraud

Officials allege a scam used phony appraisals and paperwork to wring millions from deals in the Beverly Hills area.

The 50 Wealthiest Angelenos: 28. Bruce A. Karsh

President and co-founder of downtown L.A. private equity firm Oaktree Capital Group saw value of company stock stay relatively flat.

HerbaLife

Mark Hughes' plan to turn Herbalife International Inc. private is generating some heat.

20 in their 20s: Ray Li

From a 22-year-old manager of e-sports teams to a 92-year-old manufacturing executive, the Business Journal spotlights some of the working world’s newcomers and old hands.

Liz Claiborne Acquires Los Feliz Designer C & C; California Inc.

The clothing designer has purchased C & C; California Inc. for an initial equity stake of $28 million, plus additional payments over three years based on the future earnings.